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Use EAWs to calculate the benefit/cost ratio at i = 6% for a new library. The first cost is $500K, and O&M costs are $100K per year. There is no salvage value after 30 years. Community benefits are estimated to be $130K per year. Is the library economically justified?
What happens if the price floor is above the equilibrium? and what happens when price ceiling is below the equilibrium?
Outline a micro-economic reform issue that is relevant to the Australian economy (i.e. why has there been reform in this industry or market? How successful do you think these reform measures were and say why referring to some data or research that ha..
You are a manger that oversees 8 employees in a financial sales institution where producing has been slowly declining over the last 6 months. It has been determined that the decline in sales is not caused by an external environment factor, but an int..
The cobweb model suggests that employment cycles are most likely to occur in those labor markets in which:
What microenvironment factors have affected Sony’s performance since 2000? What macro environmental factors have affected Sony’s performance during that period? What stands in the way of Sony’s success today?
China is the world's most populous nation with 1.25 billion people. Firms look at that population as a large customer base and are rushing to establish themselves in China. Is this appropriate for all firms? Why or why not?
Imagine that you and a group of your fellow classmates own a company that manufactures cheap sunglasses. To lower production costs, you want to move your factory from your developed country to a more cost-effective nation. At an appropriate level, th..
Four reasons behind the downward slope to the Aggregate Demand Curve! The price level and aggregate demand are negatively related because of: What type of spending that is most affected by the lowering of interest rates in the economy? Also state whe..
Assuming that the information required making decisions are held by lower-level employees, it makes sense to delegate decision authority to these employees. But, there must be trade-offs (because there always are). Speculate on the “costs” of delegat..
A market in which there is an additional transaction that would benefit a buyer, a seller, and any third parties affected by the transaction is called. In the case of spillover benefits or costs,
Suppose the Demand for baseballs is given by Q = 240 – 8P. What is the price elasticity of demand when P = 6? At what price will Total Revenue be maximized?
Could a service industry utilize production line approach or self-serve design also still keeps a high customer focus
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